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Qualicorp Consultoria E Corretora De Seguros (BSP:QUAL3) Quick Ratio : 1.08 (As of Mar. 2025)


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What is Qualicorp Consultoria E Corretora De Seguros Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Qualicorp Consultoria E Corretora De Seguros's quick ratio for the quarter that ended in Mar. 2025 was 1.08.

Qualicorp Consultoria E Corretora De Seguros has a quick ratio of 1.08. It generally indicates good short-term financial strength.

The historical rank and industry rank for Qualicorp Consultoria E Corretora De Seguros's Quick Ratio or its related term are showing as below:

BSP:QUAL3' s Quick Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.37   Max: 3.52
Current: 1.08

During the past 13 years, Qualicorp Consultoria E Corretora De Seguros's highest Quick Ratio was 3.52. The lowest was 0.48. And the median was 1.37.

BSP:QUAL3's Quick Ratio is ranked worse than
75% of 16 companies
in the Healthcare Plans industry
Industry Median: 1.585 vs BSP:QUAL3: 1.08

Qualicorp Consultoria E Corretora De Seguros Quick Ratio Historical Data

The historical data trend for Qualicorp Consultoria E Corretora De Seguros's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Qualicorp Consultoria E Corretora De Seguros Quick Ratio Chart

Qualicorp Consultoria E Corretora De Seguros Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 0.48 1.78 1.24 1.10

Qualicorp Consultoria E Corretora De Seguros Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.31 1.09 1.13 1.10 1.08

Competitive Comparison of Qualicorp Consultoria E Corretora De Seguros's Quick Ratio

For the Healthcare Plans subindustry, Qualicorp Consultoria E Corretora De Seguros's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qualicorp Consultoria E Corretora De Seguros's Quick Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Qualicorp Consultoria E Corretora De Seguros's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Qualicorp Consultoria E Corretora De Seguros's Quick Ratio falls into.


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Qualicorp Consultoria E Corretora De Seguros Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Qualicorp Consultoria E Corretora De Seguros's Quick Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Quick Ratio (A: Dec. 2024 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1657.879-0)/1503.375
=1.10

Qualicorp Consultoria E Corretora De Seguros's Quick Ratio for the quarter that ended in Mar. 2025 is calculated as

Quick Ratio (Q: Mar. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1768.592-0)/1630.733
=1.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Qualicorp Consultoria E Corretora De Seguros  (BSP:QUAL3) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Qualicorp Consultoria E Corretora De Seguros Quick Ratio Related Terms

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Qualicorp Consultoria E Corretora De Seguros Business Description

Traded in Other Exchanges
N/A
Address
Rua Doutor Plinio Barreto, 365, 1st Floor, Bela Vista, Sao Paulo, SP, BRA, 01313-020
Qualicorp Consultoria e Corretora de Seguros SA provides insurance brokerage, consulting and management services, and holds equity interests in other companies. The company operates through its subsidiaries in segments that include private health plans, the sale and management of other health insurance and supplementary services, medical billing, insurance brokerage, authorization of client access to the health plan's network, and specialized care management services.

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